| Tuesday, April 13, 2004 - 09:59 am |
I know that you can transfer cash from you country to your Corps to reduce their debt burden but I cannot find it.
Please advise. I think the max you could transfer was £50bn per month
Any ideas out there
| Tuesday, April 13, 2004 - 11:15 am |
go into a corps page and its right above egeneral data at the top. also i beleive thats the most you can transfer at any one time but you can transfer another 50 after that and again and again ( i think not sure)
| Tuesday, April 13, 2004 - 05:17 pm |
| Tuesday, April 13, 2004 - 06:48 pm |
You can make an infinite number of transfers as long as the corp's cash balance never goes over $50B.
When I paid down the debt of some heavily-indebted corps, I made 3-4 transfers to a single corp.
| Tuesday, April 13, 2004 - 11:01 pm |
And why can't we CEOs do that?
Not that I've got that much cash
| Wednesday, April 14, 2004 - 02:32 pm |
Thanks All for that information. Just spent best part of 1T clearing their debts to make them more profitable. Hopefully will work out in the long run. We will see
| Thursday, April 15, 2004 - 12:14 pm |
what's the betting that by the end of the week many of your corps have taken on more loans?
| Thursday, April 15, 2004 - 05:20 pm |
Not if you put enough cash onboard and lower the tax rate.
The CZCP has 1 problem child corp, and another that recently took on debt for the first time in a long time.
The rest of my corps are debt-free.